Independent Banker

OCTOBER 29, 2014

New BSA guidance reinforces having an appropriate ‘culture of compliance’. Community bank compliance professionals know three things about effective compliance management: It starts at the top. As a result, most compliance officers were likely not surprised by the August 2014 “Advisory to U.S. By Mary Thorson.

Compliance 80

Compliance Leadership Resources Virginia 80

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. Does it sound like “reality compliance”? The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity.

Compliance 70

Compliance Training Community Bank Regulation 70

PYMNTS

DECEMBER 27, 2019

Laws enabling remote sales taxes mean retailers must now navigate each state’s policies, so they are no longer able to dodge compliance expenses and shield their consumers by lacking physical presences in states that tax these items. NorthShore’s sales tax compliance costs wipe out approximately 1 percent of its sales revenue, Greenberg said.

Taxes 146

Taxes Policies Compliance Retail 146

Independent Banker

AUGUST 25, 2016

A beneficial owner is anyone who owns or controls 25 percent or more of a “legal entity” or who has substantial management authority at the legal entity. The person could be a CEO, chairman, managing partner or anyone who regularly performs similar functions. Designate a compliance officer. Complicating factors. CFPB Updates.

Compliance 70

Compliance Community Bank Training Virginia 70

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. 1, 2015, and compliance with the rule is required by Oct. Credit card accounts are exempt from compliance until Oct. Transactions not covered by Regulation Z are excluded from coverage under the rule. 3, 2016, compliance date. By Mary Thorson Wright.

Lending 70

Lending Compliance Regulation Virginia 70

Jeff For Banks

NOVEMBER 24, 2019

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. Clearly, blue-suit regulators stood out. All from Keystone, West Virginia. He set the tone for antagonizing regulators.

National 78

National West Virginia Virginia Pennsylvania 78

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. CCPA was modeled closely after the European Union’s General Data Protection Regulation (GDPR).

Data 91

Data How To Community Bank California 91

CFPB Monitor

JUNE 2, 2022

In a surprising development, the California Privacy Protection Agency (CPPA) published proposed amendments to the CCPA regulations recently. The proposed amendments—which in effect are the draft CPRA regulations—were issued without advance notice, ahead of the schedule previously announced by the CPPA. .

Regulation 78

Regulation California Exercises Compliance 78

Gonzobanker

DECEMBER 17, 2021

Congrats to Randy and a great management team. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Wayfair ruling have made tax compliance challenges highly visible. Wayfair ruling have made tax compliance challenges highly visible.

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

Independent Banker

JANUARY 31, 2023

Learn what this means for the industry and how community banks can stay in compliance. Sound compliance management requires consistent written disclosures, procedures and actual practices. Illustration by Jozefmicic/Adobe The CFPB recently issued new guidance on overdraft fees that was unanticipated by community banks.

Community Bank 91

Community Bank Community Compliance Regulation 91

PYMNTS

NOVEMBER 16, 2018

The reality is 99 percent of banks don’t want to mess with them, [because] there’s a lot of internal compliance if you’re going to serve the cannabis industry,” noted Jim Marty of Bridge West CPAs, a Colorado accounting firm that represents roughly 250 cannabis businesses and license holders nationwide.

Taxes 177

Taxes Payments District of Columbia Alabama 177

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. Select Investors: MasterCard, Wellington Management. Table of contents.

Fraud 78

Fraud Las Vegas Company Video 78